Is Uber of the Energy Market Around the Corner? - Two Key Energy Industry Trends for 2020 and Beyond
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- Jan 30, 2020 9:53 pm GMTJan 27, 2020 2:13 am GMT
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This item is part of the Special Issue - 2020-01 - Predictions & Trends, click here for more
2019 was the year that “Climate emergency” rose to the top of public consciousness. Oxford Dictionaries named it their ‘word of the year’ following a hundred-fold increase in its usage over 2019. There’s a growing understanding both from the utility industry and from wider society, of the urgent need to accelerate the energy transition.
Consumers’ growing demands for sustainability are a major driver of the two biggest trends in the energy sector in 2020. These are, firstly, the increasing importance of the Grid Edge and secondly, the emergence of a new business model for utilities as a response to this; the rise of the Platformed utility.